Wall Street Braces for Nvidia's Trillion-Dollar Earnings Report
NVDANvidia(NVDA) PYMNTS.com·2024-11-21 03:24

All eyes are on Nvidia as the AI juggernaut prepares to release what could be the most consequential tech earnings of 2024.Bloomberg reported that the chip giant’s stock could move about 8% in either direction following the results, potentially shifting its market value by nearly $300 billion — an amount exceeding the total worth of most S&P 500 companies.The heightened uncertainty centers on Nvidia’s new Blackwell chip line. While the company projects billions in fourth-quarter revenue from the product, pr ...